COPENHAGEN, Sept 9 (Reuters) - The main shareholders in
Denmark's ISS have sold 16.7 percent of the company's
existing shares for $885 million, the catering and cleaning
company said on Tuesday.

The shareholders, private equity firm EQT, funds managed by
Goldman Sachs, and Ontario Teachers' Pension Plan
(OTTP)had planned to sell 23 million shares in a bookbuilding
process, but increased the amount to 31 million shares due to
strong investor demand.

At a price of 165 Danish crowns per share, the shares in the
placement were sold at a 4.9 percent discount to Monday's
closing price of 173.50 crowns per share.

"There was good demand for the shares," spokesman for EQT
and the funds managed by Goldman Sachs, Morten Hummelmose, told
Reuters.

He would not comment on the yield of the investment in for
the private equity funds.

EQT and the funds managed by Goldman Sachs delisted ISS
after they bought the business for 22 billion Danish crowns
($3.8 billion) in 2005. After Tuesday's placement EQT and
Goldman Sachs own 32.7 percent combined.

"The discount is reasonable and the price reflects that
there has been a good demand for the shares," Sydbank analyst
Soren Lontoft Hansen said.

ISS, one of the world's biggest private employers with more
than 530,000 workers around the world, was listed in March at a
price of 160 crowns per share. The share price peaked at 203
crowns in May. At 0928 GMT ISS' shares traded at 166.20 crowns
per share, down 4.2 percent.
(1 US dollar = 5.7835 Danish crown)
(1 US dollar = 0.7766 euro)
(Reporting by Teis Jensen; editing by Sabina Zawadzki and
Louise Heavens)